A delivery date in a brochure is an estimate. The one that binds is in the contract, and it is later. At The Ritz-Carlton Residences, South Beach, here is how to read both.
This page is a framework. Whether the building suits you is a separate conversation. Contact the desk at Miami Dossier for the current position on any building we cover.
The brochure gives a season or a year. The purchase agreement gives an outside date, often with extensions for weather, permits and force majeure, after which a buyer may have the right to cancel and recover deposits. Everything between the two dates is the developer’s discretion, and the difference can be a year or more.
The Ritz-Carlton Residences, South Beach: 30 residences over 15 storeys, one to five bedrooms, including two duplex penthouses with private rooftop terraces, pools and kitchens; sales launched February 2025; delivery planned 2027.
Read it against the Kempinski Residences Miami Design District dossier for the nearest comparison.
Groundbreaking, foundation, the first residential floor poured, topping off, glass closed, interiors begun, the temporary certificate of occupancy. Each is a date a developer publishes or a site photograph shows. A buyer who tracks them knows before the sales office calls.
The Ritz-Carlton Residences, South Beach: Sobe Sky Development LLC with Flag Luxury Group; sales and marketing by Douglas Elliman Development Marketing.
Deposits stay in escrow for longer; a mortgage rate lock may expire; a lease may need extending; a currency may move. None of this is in the brochure. The contract says what the developer owes you for lateness, which is usually nothing until the outside date.
The Ritz-Carlton Residences, South Beach: The deposit schedule is held by the desk and read with you before contract.
What is the outside date in the contract, and what are my rights if it passes? The desk has the contract and reads the clause with you.
Plan for the outside date. Celebrate the estimate if it comes true.
Developer materials for The Ritz-Carlton Residences, South Beach as carried on the live dossier, verified September 2026. Compiled by the desk at Miami Dossier; figures are approximate and the developer’s.
Contact the desk at Miami Dossier for the documents behind this note, read one to one with you and your advisers.
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We hold no listings and we are not the developer. Contact the desk at Miami Dossier and we will tell you what applies to your situation, what does not, and where we would not proceed. On this topic that means the document before the opinion. Where a question is legal, tax or structuring, we introduce you to advisers who handle that properly rather than answering it ourselves.
Samuel Strauch is the owner of Metrik Real Estate. His team of agents represents buyers in Miami pre-construction.
A person replies within 24 hours, usually much sooner. On weekends, back on Monday morning.
